Step-by-step explanation:
Assuming the data is as shown, restaurant X has a mean service time of 180.56, with a standard deviation of 62.6.
The standard error is SE = s/√n = 62.6/√50 = 8.85.
At 95% confidence, the critical value is z = 1.960.
Therefore, the confidence interval is:
180.56 ± 1.960 × 8.85
180.56 ± 17.35
(163, 198)
Restaurant Y has a mean service time of 152.96, with a standard deviation of 49.2.
The standard error is SE = s/√n = 49.2/√50 = 6.96.
At 95% confidence, the critical value is z = 1.960.
Therefore, the confidence interval is:
152.96 ± 1.960 × 6.96
152.96 ± 13.64
(139, 167)
8x-4=2x+35
8x-2x=35+4
6x=39
X=39/6
Answer:
$26.91
Step-by-step explanation:
9.50 +13.93 =23.43
50.34 - 23.43 = 26.91
Answer:
Point to point indexed annuity.
Step-by-step explanation:
An indexed annuity is linked to specific index performance. Point to point indexed annuity is the one which gives interest on the basis of index percentage change. The interest credit is calculated by taking the percentage change between the beginning and end points of the index.
Answer:
2,602,255
Step-by-step explanation: